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Australia’s CEFC Invests $72 Mn in Renewables Fund

This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […]

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swissnex India Marks Pune Chapter of Cleantech Week India 2018

The 15 member delegation of researchers and entrepreneurs from Switzerland will participate in a series of business and technology workshops. Kikcing off Cleantech Week India 2018, swissnex India brought the best minds of Switzerland’s clean energy sector in Pune. The 15 member delegation of researchers and entrepreneurs from Switzerland will participate in a series of […]

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Growatt Showcases Range of Products at Intersolar India

Offering great solutions for most rooftop projects, Growatt SPF is suitable for customers who wish to upgrade their existing solar grid-tied system to a storage system at a lower cost. Chinese residential PV inverter giant, Growatt showcased its exciting range of products in the recently concluded Intersolar India. Offering great solutions for most rooftop projects, […]

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Centre Scraps 12 GW Solar Capacity Addition to be Taken up by NTPC

Earlier government had planned to add 15 GW of solar energy capacity in the country which was to be developed by NTPC to be delivered to states bundled with thermal energy. The central government has quashed a plan to install 12 GW of solar capacity out of the 15 GW capacity that National Thermal Power […]

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Vestas Bags its Largest Wind Energy Order in India for 252 MW

The order was placed by Vivid Solaire Energy Pvt. Ltd., a subsidiary of Engie, and was awarded as part of the national level wind auctions organised by SECI. Danish Wind energy mammoth Vestas has bagged its largest order till date in India for a 252 MW wind energy project in Tamil Nadu. The order is […]

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MNRE Again Amends Guidelines for Viability Gap Funding

Earlier, SECI had the power to delay the project by three months in such situations and any extension beyond three months had to be approved by the ministry. The ministry of New and Renewable energy has yet again amended the guidelines which it issued earlier regarding setting up of solar parks of more than 2 […]

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World Bank and AFD to launch Global Solar Risk Mitigation Initiative

The SRMI is an integrated approach aimed it tackling policy, technical and financial issues, which are associated with scaling up solar energy initiatives. Keeping in line with international Solar Alliance’s ambition of promoting solar energy among member states, the World Bank and Agence Française de Développement (AFD) are developing a joint Global Solar Risk Mitigation […]

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Solar Energy Production in the year 2018-19 was 21.365 Billion Units

Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […]

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India to Add 10000 MW Renewable Energy Capacity in 2020: Icra

The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […]

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